Restriction on CENVAT credit use enables rules to withdraw facilities or suspend registrations to curb duty evasion. Empowers the Central Government by rule to provide for withdrawal of facilities, imposition of restrictions (including on utilisation of CENVAT credit), and suspension of dealer registration to deal with evasion of excise duty or misuse of CENVAT credit, targeting manufacturers, exporters and registered dealers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restriction on CENVAT credit use enables rules to withdraw facilities or suspend registrations to curb duty evasion.
Empowers the Central Government by rule to provide for withdrawal of facilities, imposition of restrictions (including on utilisation of CENVAT credit), and suspension of dealer registration to deal with evasion of excise duty or misuse of CENVAT credit, targeting manufacturers, exporters and registered dealers.
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